getting better. heading out are the beleaguered prime ministers of greece, which is fully at the mercy of an eu bailout, and italy which is desperate to avoid one. both countries face drastic austerity measures which no one likes and which today sent thousands of young protesters into the streets of london. they are angry. to say the very least, about a tripling of british tuition rates to roughly $14,000 a year. 4,000 police have kept the march relatively peaceful and separate from the occupy protest at st. paul's cathedral. i want to get back to new york now and my colleague christine romans. christine, how bad is it on the u.s. and european markets? >> well, you know, this is, and you fold in those pictures out of london, you can see it's a world where there's not as much money as there used to be, right, and economies not growing as well as they on did and causing all sorts of problems as countries try to pay their bills and stock markets react as well.

european stocks closing down on grave concerns on what's happening on the euro zone and whether italy will be able to pay its bills. and stresses that we're seeing in the italian bond market. when you talk about stocks, stocks are much smaller than the overall bond market. the bond market is where governments, companies go to borrow money to keep going. the cost to borrow for governments, governments in trouble, has been rising. you have that above 7% now. 7.3% for italy to borrow money. that's even with the european central bank buying italian bonds and with europe doing things to stabilize things. 7% is seen as a dangerous signal, fredricka. when you've seen rates climb that high before, it's triggered a bailout. how can you bail out italy? it's the third largest bond market and economy in europe. look at greece, for example, 27% the interest rates on greece bonds. greece can barely -- can't borrow money, quite frankly, anymore, because of its

problems. compare that with the u.s., though. the world is rushing in to the u.s., fredricka, for safety. the u.s. -- for short term, for three months, the u.s. doesn't even have to give any interest to borrow money. think of that. because of all the uncertainty in the world. that's where we are here right now. incredibly uncertain moment for world markets. bond markets. and the stock markets are showing the nerviness because of that. >> and so why else does -- why does wall street care about bond yields in italy, which i understand did cross that important threshold? >> because if there needs to be a bailout for italy, it's unclear how they're going to do that. this is an economy that is the third largest economy in europe. this is an economy that with such huge ties to the french banks. the euro zone, together, is the single largest destination for american exports. so if europe falls into a recession because of a bond market crisis, and this is the real fear, that there is some sort of a crisis here where you can't borrow money the way -- or it's very expensive to borrow money anymore. then suddenly you've got a

european crisis, banks on the ropes, and you have a recession in europe. and there's very little hope that the u.s. can keep, stay in recovery mode if your biggest single customer is in a severe recession. we need europe to be healthy and we cannot have a financial crisis in europe, a sovereign debt crisis in europe for the u.s. to continue to grow here. >> all right. christine romans in new york. thanks so much for that. >> you're welcome. all right. other big stories that we're following this hour. legendary penn state head football coach joe paterno says he will retire at the end of the year. the announcement follows the arrest of one of his former coaches in an alleged child sex abuse scandal. paterno was met by supporters and media outside his home last night. in a statement today paterno says he is, quote, absolutely devastated in the developments of jerry sandusky. i'll speak live with a penn state student who knows paterno personally.

he's about to reveal what drove the coach to tears last night. right now, however, let's head to jason carroll who just heard from some penn state football players. so jason, how are they reacting to paterno resigning at the end of the season? >> reporter: yes, fredricka, just heard from these players, just about 20 minutes ago. spent a little bit of time with them. basically all three of them telling me that they trust paterno made the right decision for the team,s for himself and for the university. they are putting their trust in him. they said they received a text to show up for a meeting at just about 11:00 a.m. they said once paterno showed up, he made his announcement. he said there were 150 players there. he said literally turned around, lots of tears were flowing. he said paterno was very emotional when he made his statement. want you to take a listen to what one of the players told me just a few minutes ago. so i want to start out with how the announcement came down from coach paterno.

obviously you guys received some sort of a text. take it from there. what happened next? >> we got a text from the team saying we had a meeting and we just all came in and then coach joe just gave us his announcement that he's going to be retiring after this season. >> reporter: what were some of the immediate reactions from some of the guys? how do you think the team took the news? >> it was pretty surreal. we heard the rumors going around. we tried to put it to the side obviously. to hear him come out and say it really just brought us down to earth of what was really happening and just tried to come together as a team. >> reporter: and fredricka, i also asked those players whether they thought all of this criticism was being directed at paterno when some of the critism they felt as though also should have been directed at the president of the university of penn state. graham spanier. as you know, there have been many calls for spanier's resignation as well. those students telling me, they

said, we're going to try to focus on the team and focus on the game this weekend. they are definitely, definitely sad to see paterno go. fredricka? >> jason, wasn't paterno's contract to end at the end of this season? however, it's this cloud, this scandal, that makes his departure that much more difficult for so many? >> reporter: that's exactly what it is. when you look at a man like paterno who's a legend, not just here, but in the world of collegiate football, a man who spent 46 years here as head coach, the most winningest coach in history in terms of college football. you look at the standard that he set, not just in terms of football on the field, but off the field in terms of dealing with these players. this man had a stellar reputation up until this moment. >> all right, jason carroll, thanks so much. of course, we're going to also get more reaction from coach paterno momentarily. so in what may be seen as a barometer for 2012, a pair of

conservative statewide ballot measures defeated. voters in mississippi rejected a so-called personalhood amendment that would have defined life as starting at conception. in ohio, voters repealed a law that would have limited collective bargaining rights of workers. in arizona, the republican author of the state's controversial immigration law was defeated by a fellow gop candidate in a recall election. in georgia, dozens of communities voted to allow the sale of liquor on sundays. we'll talk more about the implications of the votes with a democratic republican strategist just ahead in "fair game." students rallying behind their beloved football coach, despite calls for his resignation. up next, how an alleged sex abuse scandal is shaking things up at penn state including a firsthand account of joe paterno's private, emotional moments over the past 24 hours. first check out the u.s. coast guard in action right here. they're dropping off supplies for seven mariners who were

stranded on a pacific deserted island. they found the men who days after they went missing with the help of the royal australian navy. the coast guard hercules crew, you are today's rock stars. ♪ if i should fall from grace with god ♪ ♪ where no doctor can relieve me ♪ ♪ if i'm buried 'neath the sod ♪ but the angels won't receive me ♪ ♪ let me go, boys, let me go, boys ♪ ♪ let me go down in the mud where the rivers... ♪ [ female announcer ] when you're responsible for this much of the team, you need a car you can count on. ♪

i tell you what i can spend. i do my best to make it work. i'm back on the road safely. and i saved you money on brakes. that's personal pricing. by now you probably heard the disturbing details of boys allegedly raped, sodomized and molested by a former penn state football coach. the fallout of this is reaching the top of university's football program. we learned legendary penn state football coach joe paterno will retire at the end of this season. paterno's decision comes as penn

state's board of trustees plans to convene a special committee on friday to investigate the allegations against its former defensive coordinator jerry sandusky. the board is reportedly outraged by the grand jury report that alleges sandusky victimized eight boys, at least one as young as 7 or 8 years old. according to investigators, a ninth potential, but unconfirmed victim, has reached out to them. sandusky long maintained his innocence. he's out on $100,000 bond after being charged with 40 counts of various sex abuse charges. the troubling allegations have many questioning whether penn state's president, itself led ledgendary football coach, joe paterno and others could have done more. joe paterno says, quote, i'm absolutely devastated by the developments in this case. i grieve for the children and their families. i've come to work every day for the last 61 years with one clear goal in mind, to serve the best interests of this university and the young men entrusted to my

care, end quote. paterno goes on to say this, quote, that's why i've decided to announce my retirement effective at the end of this season. this is a tragedy. it is one of the great sorrow s of my life. with the benefit of hindsight, i wish i had done more, end quote. this was the scene outside paterno's home. just last night. hundreds of penn state students rallying behind him hoping to save his lob. the president of the undergraduate association is joining us from university park. so t.j., word clearly has gotten out that coach paterno decided to retire at the end of the season. what have people been saying on campus? >> i think students are shocked. they're very surprised at the announcement. i think a lot of students are heartbroken. we've heard stories of students leaving their classes in tears. students coming together and really just reflecting on paterno's legacy and his career

here at penn state. >> so t.j., students felt very confident that he would be able to survive this? and he would not be stepping down? >> i think students -- rumors obviously have been flying around, even prior to this scandal, of the day joe paterno would announce his retirement. a lot of students had expectations potentially this could have been his last season. i think a lot of students are very surprised that he just stepped down under these circumstances. i think that is really the heartbreaking part of all this. >> we're looking at pictures right now, last night outside his home apparently a number of students were out there throwing their support to the coach. were you there? or did you have any fellow classmates who were there who could describe the scene? >> yeah. i think it was one of a lot of pride, a lot of respect for joe paterno. i actually, myself, wasn't there. i obviously was hearing a lot of reports from students who were there outside his front yard. i think it really meant a lot to the students that joe paterno

came out and spoke to hthem, tod them to think about the victims and their families in this entire situation. that speaks to joe paterno's character in this situation. >> how well did you know the coach? what are your thoughts about him? >> yeah, i've interacted with the coach over the past two years in my career here at penn state. he is one of the most phenomenal individuals i've met in my entire life. he's truly an inspiration to me and this yuuniversity as a whol. he's committed so much to the football program and academics and meant so much to this university. i really, really highly respect him. >> the defense coordinator, jerry sandusky, did you have interaction with him or know anybody who has strong opinions especially result of these charges? >> i myself have never interacted with sandusky. i have very strong opinions about the allegations. i think it is for lack of a better term very disgusting the allegations. if these allegations are proven to be true, of course there needs to be severe consequences.

>> all right. t.j. bard, thanks so much for your time. i appreciate that. $50,000. that's how much one small business is paying its employees to stay. how loyalty can really pay off. but next, a florida water supply tainted with a cancer-causing chemical. how famed legal clerk, erin brockovich, you know her, she's on the case and joining us live with developments. [ male announcer ] go beyond the brush

with listerine® total care. its multi-action formula works to restore enamel, help prevent cavities, and kill bad breath germs for a whole mouth clean. whooo... [ male announcer ] listerine® total care. the most complete mouthwash. it's been more than a decade since the world learned not to mess with erin brockovich. >> believe it or not, i'm on the prowl for some water records. >> you've come to the right place. >> i guess i did. >> you just tell me what you want to look at and i'd be glad to dig them out for you. >> i wish i knew. >> for the real erin brockovich, the case that inspired a blockbuster, was just the beginning. the legal aide turned environmental crusader is constantly investigating ground

water c water contamination cases. she's writing a new book "hot water" which is an environmental thriller. erin brockovich joining me from new york. good to see you, erin. >> hi, how are you? >> i'm doing good. you're doing your part to expose and clean up tainted wall water. as a public health issue, it really is undercovered, wouldn't you say? >> it really is. we don't realize the tens of millions of americans that are on well water that have contaminate. and oftentimes, unfortunately, an agency or a company can know they've already mapped out a plume of where the contamination is or isn't, but nobody ever lets the community know what's happening. so it is something that i hate to say, we continue to uncover on a daily basis. >> so now you have zeroed in on a community of about 100 residences in central florida, deland, florida, where the water, the well water is

contaminated. that is indisputable? >> that is indisputable. deland is just one of six communities down in florida that has the contamination, a pesticide, that isn't in use anymore, but it finds its way through the system and creeps into people's wells and they don't know that it's there. it doesn't have any particular color or smell or taste. and so unbeknownst to them, they have been drinking a poison for years and it isn't until the community starts talking with each other and they all find out that they're having the same similar health issues or they're noting what appears to be too much cancer in their neighborhood. >> so what's the focus of this fight? is it who's responsible for these contaminants or who will clean it up? >> well, you know, i've been out here doing this now for -- god, do i dare date myself -- 21 years. but i can see what's happening out here. i mean, agencies for a whole lot of reasons, and this is to place no blame, are absent.

you know, litigation is available for us, but it can't be the solution to these issues because it takes 5 and 10 and 15 years and in the meantime, people are still being poisoned. what i think needs to happen is obviously more awareness. uncovering these issues. because if we don't look at them, find a source, we'll never begin to find a solution. and there are solutions out there for communities on wells and if they're concontaminated, ways to help them and provide clean water. >> let's talk about your book "hot water." what was the impetus for that? >> actually the people and all the cases that i'm seeing and all the people that are in and around nuclear facilities reporting them to me. i get tens of thousands of e-mails a month. and i've started to plot them on maps so we can at least look at what's happening. and just through their stories, and realizing people aren't that aware. they became the inspiration for this book. a.j. paladino is a character just like you and i. she can aspire to make people aware of something and be

protective of public health and safety. so we call it a cause novel. she's an action hero. and i thought it would be a good way for people to read a book, know that this could be going on, close the book and think that they could become informed, aware and make a difference as well. >> is this a book you see translated for the big screen as well? >> it's been optioned for television series. yes. >> all right. >> not the big screen. but tv. >> a screen nonetheless. erin brockovich, thanks so much. congratulations on that and all the best in your continued efforts. >> thank you. president obama stopped military tribunals at guantanamo bay. his goal to shut down gitmo failed. the controversial trial of the mastermind behind the attack on the "uss cole" and why today marks a huge milestone in the prison's future. first on this day in 1965, lights out across the northeast and parts of canada. a humor era left more than 30 million people without power for up to 12 hours.

that's this shame in history. losing your chex mix too easily? time to deploy the chex mix boring potato chip decoy bag. now no one will want to steal the deliciousness. with a variety of tastes and textures, only chex mix is a bag of interesting. but when they come home, they don't want a parade; they want a job. the postal service employs more veterans than any other civilian employer. but congress is debating a bill

that would force the postal service to fire tens of thousands of vets, close post offices, shut mail processing plants, and disrupt mail delivery. drastic cuts won't fix the postal service and aren't needed. tell your representative to vote "no" on house resolution 2309. it's time to deliver for our veterans -- and america.

tdd# 1-800-345-2550 there are atm fees. tdd# 1-800-345-2550 account service fees. tdd# 1-800-345-2550 and the most dreaded fees of all, hidden fees. tdd# 1-800-345-2550 at charles schwab, you won't pay fees on top of fees. tdd# 1-800-345-2550 no monthly account service fees. tdd# 1-800-345-2550 no hidden fees. tdd# 1-800-345-2550 and we rebate every atm fee. tdd# 1-800-345-2550 so talk to chuck tdd# 1-800-345-2550 because when it comes to talking, there is no fee. turn to senokot-s tablets. senokot-s has a natural vegetable laxative ingredient plus the comfort of a stool softener for gentle, overnight relief of occasional constipation.

go to senokot-s.com for savings. he's the man the u.s. says killed 17 american sailors. raheem al nashir faced a military hearing today at guantanamo bay, accused of being the brains behind the bombing of the "uss cole" in 2000. gitmo prosecution, something president obama said he would stop. eugene fidel, research scholar at yale law school joins me. a breakdown, some of the legal challenges that could complicate this trial. >> there are a lot of them involved in this case. this is a capital case. it's the first of the so-called high-value detainee cases to come before a military commission. and there's going to be a raft of issues presented.

one of them has to do with whether mr. nashiri is summit to trial by a military commission. this turns on whether his offenses were committed in the course of armed conflict. in other words, the statute requires that the conduct have been part of hostilities. there's separate litigation pending in tacoma, washington, that addresses that. in the case in guantanamo, there are going to be issues regarding waterboarding, since mr. al nashir was subjected to waterboarding. an electric drill was apparently held next to his head. a variety of other things done by the cia. >> because perhaps of the controversies you described, is this a large part why the proceedings are being transmitted via closed circuit television to reporters and family members? only some people are going to be allowed to see it. >> right. well, this is a glass half full/ glass half empty situation. it's better more people be able

to see these proceedings. on the other hand, the government has for better or worse gotten itself into a position where it's conducting the actual trial proceedings in guantanamo which is extremely inconvenient to get to. it's a good thing that members of the victims' families, let's say, can attend and watch tv outside washington. personally it seems like it would be a lot better idea to try this case which is the subject, by the way, mr. al nashiri is an unindicted co-conspirator in a case involving similar charges in new york city, to try the case in new york city or some other federal court where everybody can get to the courthouse and doesn't take an airplane to be actually be physically present. >> what happened? there were some instance in which the administration said it wanted the use of federal courts and in other cases as you see it here, being played out via a closed-circuit tv. can you have it both ways? >> i don't think you can have it

both ways. i recognize that the administration is on kind of a charm offensive to make these proceedings somewhat more palatable and i recognize for a time, at least, the president and attorney general holder were trying to preserve civilian trials for this and other cases. but unfortunately it got away from the administration politically and congress basically made it impossible to try this case anywhere other than guantanamo. i think that's a really terrible misfortune. i think it doesn't contribute to public confidence in the administration of justice. and frankly, i bet federal judges all around the country are wondering why there isn't more confidence in the ability of the federal courts to try a case like this. >> vieugene fidell of yale law school, thanks so much for your time. to politics. republican presidential candidate herman cain remine ren the defensive of sexual harassment. he insists he won't quit the race, even as the lawyer for one of his accusers tells cnn that

all of the women who made complaints against cain may hold a joint news conference to, quote, lay out all the facts, end quote. he has no memory of the first accuser to publicly describe alleged inappropriate behavior by the gop presidential hopeful and rejects the growing number of allegations as politically motivated. all right. coming up, during this very hour, history in the making. just minutes from now, the government will do something that's never been done before. how you watch television and listen to the radio. plus the voters have spoken. how two state elections resulted in a blow to republicans, but was it a win for dems? that's fair game. next. first our political junkie question of the day. who was the first president to make a televised speech from the white house? the answer, after the break. ♪ [ cellphone rings ] cut!

[ monica ] i have a small part in a big movie. i thought we'd be on location for 3 days, it's been 3 weeks. so, i used my citi simplicity card to pick up a few things. and i don't have to worry about a late fee. which is good... no! bigger! bigger! [ monica ] ...because i don't think we're going anywhere for a while. [ male announcer ] write your story with the new citi simplicity card. no late fees. no penalty rate. no worries. get started at citisimplicity.com.

i thought i was invincible. i'm on an aspirin regimen now because i never want to feel that helplessness again. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. talk to your doctor, and take care of what you have to take care of.

before the break i asked you which president made the first televised speech from the white house. the answer? harry truman. october 5th, 1947. he went on television to ask the american people to cut back on grain consumption in order to help struggling countries in europe. reactions are pouring in after voters weighed in on some controversial ballot measures. mississippi voters rejected an amendment that would have defined life as beginning at

conception. the amendment could have made it impossible to get an abortion in the state and would have hampered the ability to get certain types of contraception that work after eggs are fertili fertilized. in ohio, voters repealed a law limiting the collective bargaining rights of state and local employee unions, while approving a pressure allmeasure opt out of federal health care manda mandates. let's bring in strategist maria cardona and ron bongene. why is the defeat of the personhood measure being considered a democratic victory in some circles? >> i think, more, fredricka, what would be more accurate is for it to be considered an american victory and victory for women's health. what you saw was all sorts of americans, not just democrats, but you, i think you have republicans as well, who all believe in a woman's right to choose and the fact that abortion should not be completely outlawed. pushing back against those who believe in that extreme

position. and what that extreme position would have done is it would have put a woman's health secondary or tershiary and damaged the ability of a woman to make her own decisions even when her life is in danger. that is an extreme position. what we saw yesterday was americans standing up and pushing back against those extreme positions. >> so ron, what's behind the crafting of this personhood measure? it was all inclusive, as maria just mentioned. contraception, fertility, cancer treatments, et cetera. >> right. well, obviously that measure was written way too broadly and the mississippi voters simply rejected it because, you know, you still had republicans getting one of their own as governor once again, and you had a voter i.d. law that passed, that republicans were supporting. so clearly to me this shows that the measure was written too

broadly and that not only that, but that this is going to be an economical action, that this 2012 election cycle is going to be based upon jobs and the economy. and not on social issues. especially ones that are going to be too broad and too encompassing in scope. >> you agree that personhood -- you're agreeing with maria that that personhood measure was apolitical because when you look at the governor remaining, republican governor and lieutenant governor in power, that clearly is more of a political vote? >> yeah, no, that's absolutely right. and you see that in other places like, you know, ohio, where, you know, the unions had a victory in the ballot measure, on their ballot measure, but the same time, president obama's health care plan was rejected and it's going to be very difficult to try to nationalize that among democrats. >> okay. let's talk about that ohio measure, then, and, you know, clearly this is a -- this is a statement that ohio is making that could have ramifications in other states especially as this

health care mandate from this administration is finding its way in the supreme court, maria. >> right. absolutely. this was an extremely important victory, fredricka. again, not for democrats, not for the unions but for middle class families, finish for working class families and main street america. i'll push back on something ron said. i think the victory in mississippi was political, because if you hadn't had the tea party sweep and thinking that they could own this and pass extreme measures, i don't think you would have had this law written so broadly. they have overreached. the way that they did in ohio. and, again, middle class families stood up for firefighters, for teachers, for public employees, while governo4 kasich and the rest of the extreme gop tried to demonize public employees when they are not the enemy and americans pushed back, folks in ohio pushed back. that is what the 2012 election is going to be about. >> ron, ohioans made another big statement as it pertains to

labor unions during yesterday's election as well. do you think this is contained to ohio or might this be a contagi contagion? >> it's contained to ohio. the unions made this their last stand. they lost miserably, scott walker's push to reform collective bargaining rights there and get the economy back in balance. that's what john kasich was trying to do in ohio. the unions rejected that. what's more telling i think for 2012 is the fact voters rejected -- you're talking now massive amount of union voters voting in rejecting president obama's health care initiative. which is very telling about a battleground state that he's going to have to win in 2012. that organization was, you know, failed to achieve any other results. >> it doesn't do anything. it doesn't practically change anything. >> it's very symbolic. >> lady and gent, that's what fair game is all about. appreciate your input. up next, disturbing

developments out of iran. the country is said to be on the verge of building a nuclear bomb. standing by live, jim walsh who's met personally with the iranian president several times. don't miss our conversation, next. what's this? it's progresso's new loaded potato with bacon. it's good. honey, i love you... oh my gosh, oh my gosh.. look at these big pieces of potato. ♪ what's that? big piece of potato. [ male announcer ] progresso. you gotta taste this soup.

disturbing developments out of iran. street wars. that's what the iranian regime is reportedly warning should anyone provoke the country. and one of the battlefields, american soil. this, of course, comes after the united nations' nuclear watchdog says iran is closer than ever to building nuclear weapons. joining us now to talk about iran's latest threats, international security analyst jim walsh who has actually met

with the iranian president several times. jim, both the west and iran are stepping up the rhetoric. how worried should the world be after this new nuclear report? >> you know, i think obviously the report shows that iran has violated its npt, nuclear nonproliferation treaty commitment. there's good news in this report as well. the good news is its centrifuge program seems to have leveled off and stagnated. they are having problems with their new centrifuge designs. they announced with great flury a bunch of improvements. those don't seem to be going anywhere. the other thing in the report is that while it shows, documents in a really fine-grained way past violations. it leaves open the question of whether iran is pursuing a nuclear weapon today, you know, has made a decision to seek nuclear weapons. the u.s. intelligence committee has said as a consensus, with high confidence, the way they put it, they don't think iran has made that decision yet. there's still time here to turn

this boat in a different direction. >> okay, so iran kind of spits at sanctions. so what are the options? >> well, sanctions, they, of course, they're going to say sanctions don't do any harm. they're not going to admit that. actually, interestingly, within the last couple months, he did admit sanctions are having an impact. there isn't a magic wand and isn't a magic wand. it's going to require a combination of things. yes, sanctions, yes diplomacy, perhaps the threat of military attack. at the end of the day, you can't bomb the knowledge out of the iranian scientists' heads. they know how to make a centrifuge. they have to be persuaded they cannot go down that path. they haven't made up that decision yet. they have to give up path and also avoid paying a very big price. that's how you stop nuclear programs and how we did it in the past and did it with libya and other cases and that's what's going to have to happen here as well. >> we talk about these threats then there was the most recent alleged assassination plot involving the u.s. am baambassar

to saudi arabia. you met with president ahmadinejad many times. describe his temperament. does this seem to be indicative of the cat and mouse game he likes to play or is there something more ominous? >> well, no, two things on that, fredricka. one, his response is classic ahmadinejad. he talked about this being a u.s. plot. he's always talked this anti-imperialist line. this is also a classic for him. then he shifts the subject and says no one's talking about u.s. nuclear weapons. no one really buys that as an answer to this. i think the international community is pretty united here on the nuclear issue. the second thing to realize, and it's important here, fredricka, is ahmadinejad has lost power. he's essentially a lame duck inside the iranian government. the supreme leader has turned on him as it were and he cannot run for re-election. he's being sort of managed and contained. so he's not really the center of

gravity in iran. it's the supreme leader who's the most important player here. >> jim walsh, thanks so much. always good to see you. four americans charged with plotting terrorist attacks back in court inywn just minutes. a live update. plus, a storm barrelling toward alaska. it's being called epic. a look at snowicane. that's why we offer accident forgiveness, man: good job. where your price won't increase due to your first accident. we also offer a hassle-free lifetime repair guarantee, where the repairs made on your car are guaranteed for life or they're on us. these are just two of the valuable features you can expect from liberty mutual. plus, when you insure both your home and car with us, it could save you time and money. at liberty mutual, we help you move on with your life.

so get the insurance responsible drivers like you deserve. looks really good. call us at... or visit your local liberty mutual office, where an agent can help you find the policy that's right for you. liberty mutual insurance. responsibility. what's your policy?

investigators say these four men, all senior citizens in their 60s and 70s were conspireing to attack government officials with deadly biotoxins and explosives. the suspects are set to appear at the gainesville federal courthouse later today.

what's expected to happen in court? >> fred thomas, dan roberts, sam crup and ray adams. we're expecting to see them in court for a bond hearing and expect prosecutors, fred, to make the case as to why they say these men are dangerous. their focus will be the alleged plot to buy explosives, buy ammunition and spread this deadly toxin called ricin on highways in atlanta, washington, d.c., newark, new jersey, to name a few of these cities. we got an interview with the sheriff of stevens county. just listen to what he has to say. completely surprised by the alleged actions of these men. >> i've known them 34 years, and i am just like the community are, i'm shocked. >> completely taken by surprise by this. he's known them for years. >> do they feel like the evidence is pretty well stacked against these four men? >> at this point, they're still looking through a lot of that evidence. we're talking about recordings that came from a person who these men apparently knew, but was giving information to

investigators. we're talking about older suspects here. people are asking the question, were these men trash talking the government or did they have a plan? and prosecutors believe they did have a plan and say they had things needed to create ricin. >> so they're taking it very seriously. >> they are. >> we're going to find out. you're going to keep us posted throughout the afternoon. >> we're monitoring it today. >> george, thanks so much. all right. take a look at this video. it looks like a hurricane, doesn't it? looks a little familiar. take a peek. except it's snowing. that is not just wind and rain. that's wind and snow. this epic 1,000-mile-wide superstorm is pounding alaska as we speak. severe weather expert chad myers joining us now. we're calling this a snowicane. >> winds were hurricane force but not formed like a hurricane is formed, by warm water. the water up here is cold. there's the low pressure, the spin here. you can hardly find alaska.

all the way down there, juneau and the entire state. a very big storm. not the only one this week. there will be another big storm that comes in on friday. the wind, howling around the storm up here. we're not talking about anchorage or juneau. is the lin you know "deadliest catch," guys and women do all that fishing this way, not anywhere near there but certainly, winds on the north show here, nome, bar row, all those area where the the iditarod race goes every once in a while that is where you are seeing all this blizzard winds right now, 74 miles per hour the latest winds there 48 out of nome, 363, 1 farther inland. but the the biggest storm, the lowest pressure, bigger than a category 3 hurricane pressure -- it is big. >> this had would be a major hurricane, if it became a hurricane in the middle. last storm this big, 1974. before that 1913. so that doesn't happen very

often. >> yes, so they are not really that used to this after know all. chad meyer, thank you so >> thank you. $50,000. that's how much one small business is paying its employees to stay employed there how loyalty can really pay off. plus, beer, liquor, wine, folks in many cities can't buy booze on sundays. well, voters just had their say in one state. that's all next in street level. [ mom ] alright guys, play with your toys after dinner.

looks beautiful, honey. [ rattling ] jason... really buddy, wow. samantha jane. ♪ guys, christmas dinner and you're bringing toys to the table? ♪ that, that's not a toy... let's eat! [ male announcer ] get no interest on all walmart purchases on your walmart credit card through december if paid in full in 6 months.

all right. now, let's go street level with stories making headlines across

the country. to killeen, texas where an awol soldier plotting to kill soldiers at fort hood faces new charges. you may remember nasr jason abdo, an american army pilot was arrested in july for allegedly planning to both bomb a restaurant in fort hood frequented by soldiers. he faced a number of charges but prosecutors are tacking on federal charges, including attempted murder of a u.s. officer and attempted use of a weapons of mass destruction, which caray maximum life sentence. here in atlanta, voters made it loud and clear that they want to be able to buy alcohol on sundays. voters in dozens of cities and towns across georgia, in fact, have put an end to the state's long-standing ban on sunday liquor sales. but hold off on running to the liquor store this weekend. according to the atlanta journal constitution, alcohol sale ban will be lifted on different dates in different cities ranging from november 20th to as late as february.

on to charleston, south carolina, now, an innovative boss has come up with a way to cut his business costs by, get this, giving his employees $50,000 bonuses. no strings attached. the only thing workers have to do is stay with his company for five years. if they stay even longer, some may get as much as $250,000 in bonus money. dan schneider is the man behind this had big incentive, as the founder and ceo of sib consultant, he is joining us live now dan, you are probably the the most loved man in charleston, south carolina. why are you doing this? >> at least with people that are employed by me. >> right. at least. okay. so you are talking about 30 full-time employees, $50,000 if they stay at least five years and 250,000 if they stay even longer? why did you decide to do this? what gave you this brilliant idea? >> what i realize is that these

days, people seem to stay at their job for two to three years and then they keep continuing to look for the next best thing. so i thought, well what can i do to incentivize employees to not even worry about looking for a job and nothing look forward to on top of their normal raises and promotions so i thought why not a $50,000 check at the end of five years and then once five years is up, if they want to stay for another five, they can get another 50. >> you clearly did some calculations of your own, you are a business man, to figure out how i do come up with the right amount, the right incentive. why in the end does this save you money as a business owner to give the incentives to get people to stay, to get this kind of retention? >> there's a couple twice helps us save money. number one, we are not retraining employees. number two we have employees that are happier, they have something to look forward to so they are going to be more productive at work. and the longer that they stay with the company, mortgage

effective they are at their job because they have done it and become more experienced with what they are working on? >> have you heard from employees now who are saying, you know what, i think i'm going to stay for as long as possible now? >> yeah, they -- sometimes they -- they might want to stick around for a while, what they are going to do is definitely make sure that they are doing their job properly and that we want to keep them there for the next 10, 20 years. >> and what about your -- you know, neighborly business openers? are they saying, dan, are you crazy? are they saying, hey, you know what you got a pretty good idea. i think we will consider that? >> i think they think that i'm crazy because their employees then come to them, well, why aren't you doing this in the way we are able to do it, we work with clients to help save them money and then we share in part of the savings of what we find for our clue yents so we know what our revenue is going to be five years out from now because we are signing long-term agreements with our clients so we are able to account for it in

the budget and know that the money is going to be there rather than a company that is just only as good as their next deal t would be little harder for them to off they are type of program because they don't know what their revenues are going to be. >> fantastic. dan shah fired in, thanks so much. one more time for people who maybe thinking about new employment, think of sib and his job in charleston, south carolina. so, the first five years, $50,000 you stay on another five years, you will get another $50,000. some incentive. thanks so much, dan. all right. president barack obama is taking steps to cut billions of dollars from the federal budget and bypassing congress to do that brianna keilar joins us from the white house with more on that. brianna? >> reporter: hi there, frederica. this is part of his we can't wait campaign, bypassing congress to sign this executive order, this one to save federal dollars to cut waste and making the federal government more efficient so what are we talking about here? for instance this one includes slashing travel budgets, conference-related expenses,

focus instead on video conferencing to save money and cutting back on federal vehicles and printing costs. and this is to follow on something the commerce department has already done, the white house says, saying they have saved millions of dollars year for snag is going to probably make your eyebrows go up. they actually disconnected more than 2,600 wireless phones, phones that had been given to people who had retired or quilt and those phones and those accounts have never been turned off. so this sort of speaks to his strategy to bypass congress in his we can't wait campaign, fred. >> all right. thanks so much. brianna keilar at the white house. very noisy white house today. all right. in just under a minute, millions of americans will witness history. for the first time ever, the government will launch a nationwide test of the emergency alert system. it is designed to allow the president of the united states to address the country within ten minutes from any location at any time. the system was not used on 9/11, which some critics say proves the u.s. is still livinging with

an outdated warning system. so, if you are watching television or you are listening to the radio, you are about to hear it. we are told it will last just 30 seconds and keep in mind, it is only a test. after that, don lemon will be in this seat. i will see you tomorrow. all right, frederica, thank you very much. i'm don lemon, sbrook off. let's get you caught up on everything making news this house, going to do rapid fire. let's go. there is a big stock selloff going on right now on wall street. the dow is down 345 points. it has dropped more than 100 points in the last hour, down 34 5 points, now 346. here's why those stocks are sinking at the moment. italy could be the latest euro zone country facing default. the country's scandal-plagued prime minister says he will resign and here's a number for you, italy's debt is nearly six times bigger than that of greece. some analysts say it

absolutely's debt that is too big to fail. now to grease greece, its prime minister there set to turn in his resignation at any minute now. george papandreou is at the presidential palace now answered says a new interim government will need to take on the severe spending cuts necessary to pull greece outs of the debt crisis. in other news, legendary penn state football coach joe paterno says he will retire at the end of the season this comes as his former assistant coach, jerry san dusky is charged with several counts of child rape. paterno released this statement. quote, this is a tragedy it is one of the great sore of my life w benefit of hind sight, i wish i had done more. coming up in less than ten minutes here on cnn, we are going to hear from some current penn state football players. imagine that. that is alaska's west coast. this it is getting slammed by a

prewinter storm. top wind as well have hit hurricane force 100 miles an hour. sea levels have are risen eight to ten feet and sea ice is being pushed onto shore. coming up this house, we are going to talk to a fisherman in the bering sea that just battle that storm. we are going to talk to him. incredible video out of london today to show you. nearly two dozen students are arrested over a protest over tuition fee increases. >> to it is an effort to privatize higher education in the uk, end it as a public service and mean it will be run for-profit with providers and mean that market chaos will en.sue and it will be a disaster, both for students and for applicants from poorer background bus also for the nature of higher education itself. >> we should tell you, london's metropolitan police sent out 4,000 officers to help keep the peace. major recall for toyota and lexus owners, here is what is atlanta issue, a potential defect

he issued a statement apologizing to everyone he has offended. ♪ ♪ now that we found love what are we gonna do with it ♪ well that is had heavy d right there the hip-hop icon has died. the 44-year-old rapper collapsed at his beverly hills home tuesday morning. according to police, he was having difficulty breathing. heavy d's music and acting career spanned more than two decades there is no word yet

what caused his death. we are checking on that for you. we have a lot more to cover the next two hours. watch. penn state's head coach retiring by the end of the season. this after one of his former assistant football coaches is charged with several counts of child rape. we talked to former penn state play players about the fall of a legend. from occupy wall street to the tea party there is a feeling in in america that the system is out of whack what will it take to put power back in the hands of the people? the 99%? we asked the poster boy for a corrupt system, former high-rolling lobbyist jack abramoff. he is live on cnn. plus, men in their 60s and 70s accused of plotting to attract united states government. >> this wasn't just talk. they had taken real steps toward

carrying out their plans. >> we are talking about home-grown terrorism. these men, they are from the state of georgia. also, prince will jam wrapped up in the british phone hacking scandal. now there is word that his own personal cell phone was hacked. and brand new video of that amazing rhino rescue in africa. the animals were lifted out blindfolded and upside down. the animals were lifted out ♪ it was the best day

[ whooping ] ♪ it was the best day ♪ it was the best day ♪ ♪ it was the best day ♪ 'cause of you blindfolded and upside down. ak e progressive and the great outdoors! we make a great pair. right, totally. that's what i was thinking. all kinds of vehicles, all kinds of savings. multi-policy discounts from progressive. call or click today.

consumers er wanchai ferry orange chicken... over p.f. chang's home menu orange chicken women men and uh pandas... elbows mmm [ male announcer ] wanchai ferry, try it yourself. [ male announcer ] tom's discovesee? that living he's taking his vitamins. new one a day vitacraves plus omega-3 dha is a complete multivitamin for adults. plus an excellent source of omega-3 dha in a great tasting gummy. one a day, gummies for grown-ups. i tell you what i can spend. i do my best to make it work. i'm back on the road safely. and i saved you money on brakes. that's personal pricing. the big story today, penn state coach joe paterno announced he will quit at the end of the season, but that

won't be enough for folks who say it is time to hang up the cleats immediately because of the sex abuse charges surrounding a former top assistant. jerry san dusky, who continued to make use of the penn state football facilities. the scandal is prompting a lot of people to say that paterno should give it up right now. some say he can't coach on sunday and others that paterno cannot be allowed to lead penn state on the field. this is not any joe we are talking about here, joe paterno, joe pa they called him, 1986 sportsman of the year as bestowed by none other than sports illustrate. he is the winningest coach in college football history, 46 seasons at penn state, 409 career wins and two national titles. the man is truly a legend and the scandal seems enough to make a grown man cry. here's matt minute, a former penn state linebacker. >> we all have our own opinions.

i have some really strong opinions. i shared them with you this morning and to be honest with you, and you can probably hear it and i apologize to you, i get mad. and it's -- it's pretty disturbing. >> it is t is a program -- like family four, matt and you know, i think we all understand that. >> yeah, it just -- it makes you sick to see that this could happen to this level. >> so matt milan says he is angry. you can hear it in his voice, you can see in his face. but a lot of penn state faithful are sticking by joe pattern know he was mobbed last night by supporters after cancelling a scheduled news conference. want to go to cnn's jason c carroll from university park, pennsylvania. he talked with some penn state

players. what is he saying to you what's penn state saying? >> reporter: well, the penn state players that we spoke to don, basically tell me they feel as though paterno made the right decision for himself, the right decision for the team and they trust that he also made the right decision for the university. having said that, they still support this man. as you can imagine, they looked up to him. they felt as though he was doing a good job and i wanted to get a sense of how they felt about his coming down to them and telling them after all that he has done for the school, that to have this type of -- this type of -- this type of crisis and to have to resign after such an illustrious career. he made that announcement just around 11:00. listen to what some of the player also to say about it. >> i think that in his heart, he thinks he made the right decision and he has been doing his thing for so many years and we are not going to question any decision he makes. we have been behind him the whole time. he is doing what he believes is best for the program, for us,

his staff and penn state. we are just really had happy that he is just doing what he believes is right in his heart and ber wither going to support him. >> i think since he has been here, he hasn't really made a wrong decision, he has been doing what's doing so wrong f he think it is best for the program, chances are it is going to be the best thing for the program. >> reporter: don, those players telling me when pattern know came down and made this announcement, they said he was emotional, many of the players, some 150 players who were there for that meeting this afternoon they said they looked around and everyone was pretty much teary eyed when it happened. a very big disappointment from the players' perspective here at penn state. don? >> what about jerry sandusky, his status now and what are people saying about him, jason? >> reporter: well, as you know, don, sandusky right now is out on $100,000 bail. very big difference when you talk about that man to some of these players. a lot of the players that i spoke to say they knew sandusky,

had worked out with him, found some of the charges hard to believe. i want you to listen to the reaction about what has happened with sandusky. >> finally, jerry sandusky and you have heard that name floating around, did you know him and if so, your thought about the allegation? >> same as -- i knew him and talked to him a few times in the weight room, around the building a few times and i would see him and, you know, i thought he was always the nicest guy. he was always really, really nice. seemed really, really sincere. so when i heard the news, it was obviously really shocking. >> reporter: so you can imagine, don what this has been like for these young men, to have are to deal with this type of thing happening to them, hearing -- looking at these men for so many years, men that they looked up to, men that they respected and to have something like this happen, it has really been a life lesson for them. >> have you heard anyone there saying, jason that joe paterno should not coach at all for the rest of the year? >> reporter: oh, absolutely.

i mean, even though you see these people who show up at his house and support him and the players support him for obvious reasons, on the flip side of that most definitely, there are a number of students here who have spoken out against him had, not just students, but also people in the community as well. and i think that went from initial support to shock to a feeling of betrayal in some sense. i mean, this is a man who so many people here looked up to for so long. i think is there a sense of betrayal as well. and don, not just with a coach but also with the president of penn state, graham spanier. a lot of people saying that the buck ultimately really stops with him. >> jason carrolle, thank you very much for this story. much more to come on this want to get a clearer perspective on this from someone who knows the people involved. joining me now from new orleans, former penn state player rich malty, played under joe pattern know and jerry sandusky back in the mid'70s. his son plays for penn state

now. thank you for joining us. how did you get news of these incidents involving sandusky? had you got wind of him? had it been talked about? did people know about it? or were you surprised when you found out? >> well, don, thank you for having me on the i want to make one thing perfectly clear right from the get-go in this thing this is a gut-wrenching experience and incident that has occurred and the victims and the families of the victims, i grieve for. they i watched matt minute. i played with matt minute. i watched his interview. it's does gust and that -- can't ever lose sight of the victims that have been involved in this thing and i just want to make sure that that's clear up front. you know there are rumors around about three years ago when he was asked to step down from the foundation that he started and i think at that time, rumors have a tendency to take on their own life. >> rich, let's go slowly here.

as you said there were rume gearing around about three years ago what were the rumors that you heard? >> there were some incident that you know, maybe there was some inappropriate things going on. i don't know any details. >> people talk. >> right. in a small town, everybody in state college probably had had their information thrown around. like being in new orleans, i know what against in new orleans, i don't know what is the dele tails of what is going on out there other than the fact he stepped down, been asked to step down and there was an investigation going on and that is the extent of t like many people that knew jerry, that know jerry, it's mind-boggling and inconceivable to think that this individual, who is -- if all these allegation are true you and pretty strong evidence, that this sick individual was -- would do something like that it's hard to conceive that. >> okay. you know, everyone is trying to -- especially investigators are trying to get to the bottom

of this people who have their kid there people who loft nittany lions football program. i said people talk and you said yes they do were these -- were these things that people whispered or did people talk about this openly? did they openly know about these allegation notice community there? >> from my standpoint, it's a passing conversation. did you hear about jerry? they are investigating him there is something going on with the kids. i mean, that's the extent that i know from a personal standpoint. i don't know what else was said. i was not privy to anything else. it was a casual, yeah, okay, no big deal, i went home, got on the plane, went home and got on the plane to new orleans that is as far as i know at this point. >> innocent until proven guilty n your estimation. >> well, no. >> go ahead. >> well, i don't know. look. this -- i mean, i read -- barely could get through, i read the grand jury indictment. these kids, i mean this is disgusting this is gut-wrenching. i mean, it's deplorable. so and it -- and it's gonna be

tough to deny anything. i'm not here to judge those -- there's the legal system's gonna take care of the people, from a legal stand point. and these are involved and those that made a decision or didn't make a decision at various times over the 15 years are the ones that have to live with those decisions. that is going to be a huge punishment, based on what i'm seeing and reading now. >> your son place there having you played there, in your judgment, do you think the university handled it it -- it correctly? >> i think that's load question i have to unequivocally say no. we haven't even heard from the president at this point, which is somewhat concerning. but clearly, again, you know this thing is going to be played in court. i'm sure there is going to be an awful lot of information that hasn't been thought that will

surface. there's another victim that has surfaced yesterday. i understand the ninth victim. so that's all going to play scout. they handle it correctly? obviously there's some serious issues and questions to be answered. >> do you think paterno should continue to the end of the year? >> boy, that's tough thing. i'm so sanded and so grieved by the way this thing has occurred. i'm sanded joe has to end this way, all the great things he has done, the great people he has tuchbd things he has done for the university and program. unfortunately it will be a huge asterisk on his resume and legacy. >> rich, thank you very much. i'm glad you bring up, let's not remember, there are victims here and they should ten top of our thoughts. thank you so much. we appreciate you joining us. >> absolutely. thank you. coming up here on cnn, a

second woman comes of the shadows and publicly accuseser isman cain of sexual harassment. find out more about who she is. plus, jack abramoff, he spent three and a half years in prison after pleading guilty to corruption in one of washington's biggest scanle dash. he scammed millions of dollars from special interest groups and influenced public officials. he joins me live about what needs to be done keep those power checks in check. [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ deep breath] awesome. [ male announcer ] yes, it is. that's the cold truth!

the presidential election one year away but voters can already drawing the line on some key conservative issues.

♪ we're not going to take it anymore ♪ >> take you to ohio first, where voters repealed a law that limb mid collective bar gaping t it applies to firefighters, police, teachers and other public employees. now to mismir, the so-called personhood measure was rejected it would have effectively banned abortions and made certain kinds of birth control hard to obtain. if there's one thing we have learned about had herman cain it is that he does not back down from a five. the gop candidate for president is mad, defiant even, about accusations he sexually harassed women. listen to his denial the. there's no wiggle room here. >> with respect to the most recent accusation, i have never acted inappropriately with anyone. period. >> let's bring in cnn's joe

johns in washington. joe, you heard deet fi yans in cain's voice. shout strategy working for him so far? are there any signs that there might be some cracking beneath the defiant veneer? >> no. i mean, defiant is definitely one of the words i would use. he is clearly plowing ahead, promised not to get out of the race, definitely would like to get the campaign back on message, see how that works for him. he has a big debate tonight in washington. no doubt there will be discussion of things like jobs and the economy and some speculation it could actually take the heat off of him by forcing the focus on candidates like mitt romney, newt gingrich. cain is even going as far as scheduling more appearances on late night tv which can help make or break a campaign's campaign. cbs entertainment announcing cain is going to make his first appearance on "the late show" with david letterman on november 18th. following day, saturday, the 19th, expected to go took iowa to participate in the conservative family leader forum. >> so seems to be staying with the program, he also indicates

he might take a lie detector test relating to the sexual harassment allegations, though he hasn't made clear what would make him do that don. >> joe, before we continue our conversation, i want you to listen to this and then we will talk. >> as far as these accusations caution me -- causing me to back off and maybe withdraw from this presidential primary race, ain't gonna happen. a quote he said, joe, ain't gonna happen. as he said now, two of cain's accusers have stepped down. one want all his accusers to get together for a joint news conference. what do you know about this woman, karen kraushaar and the government? >> she received a settlement,

$46,000, from cain and she is trying to get other women together who said that cain harassed them so far, think she has only been able to contact one of them and that happens to be the woman who has already come forward. the other two we are told, she hasn't made contact with at least so far. so the question is what it is going to look like? is there going to be a news conference, some type of statement, all that perhaps in the future what is clear, at least some people making these assertions are not following take the heat off. >> i have heard a lot from conservative men, of course, herman cain, his attorney and what have you and maybe just me, i haven't heard a lot from gop women what are they saying about the scandal? >> there is some concern because you have to understand, i mean there are organizations around town who have a lot of experience with claims of harassment against women going all the way back to, say,

clarence thomas and there's one organization even set up as a result of that here, its a he is a conservative women's organization. there are a lot of conservative women concerned. they don't want to seem as though they are giving him a break. at the same time there is a great deal of suspicious about the media reporting and the sense of pile on that people in the conservative side they have got. they want to know more from these women, but i -- conservatives i have talked to said they are not ready to, you know, throw them under the the bus just yet. >> just yes. joe johns. thank you very much, sir. we have some breaking news right now i want to take you to wall street, stocks are really tanking for a bit right now. look at. this the dow is down 426 points. and is still going down. we started this newscast, it was 345 points. now it is 427 points. we are going to continue to monitor the markets for you and if it warrants, a live report from there, we will bring it to you. ♪

[ male announcer ] we're not employers or employees. not white collar or blue collar or no collars. we are business in america. and every day we awake to the same challenges. but at prudential we're helping companies everywhere find new solutions to manage risk, capital and employee benefits, so american business can get on with business. ♪

investor, anyone with a 401 k, brace yourselves. breaking news, the dow down some 400 points. stocks are tank. let's go live to the new york stock exchange. alison kosik, we know greece, italy i reeling, reeling from the economy there. both of their leaders stepping down. that is having an effect on the stock market. >> it is really all about italy today, don. you know, italy really pushed greece to the sidelinesitily's own dealt problems. you know it is drowning in $1.5 trillion in dealt and there are a lot of questions of how -- how italy's really going to pay its bills. now, we really sault dow tank. now it is down 409 points.

euro zone officials said, you know what we don't have any plans for a financial rescue package for italy, financial assistance not in the cards fortilism that clearly spooked the markets. this realization settinging in here, know what these debt problems respect going in any time soon what do you have, dow down 30 components, looking at financials down anywhere from 2 to 7.5% it is a stunning decline for the dow right now. s & p 500 down 3.5% that's what your 401(k) tracks. yeah, you mentioned the 401(k), don, i wouldn't suggest opening that portfolio today. >> thank you. stay put. we will keep watch on that a small group of occupy wall street protesters started a 240-mile march from new york to washington, d.c. they hope to arrive by november 23rd. that's the deadline for the deficit subcommittee and congress to decide whether to keep president obama's extension of bush era tax cuts. as a larger group, occupy wall

street's message may not be focused but there is a common thread that runs through the movement and loosely ties it to the tea party. it is a feeling that somethingment is working, coupled with a growing unease over who holds the power and who wields the influence in america today. jack abramoff knows ins and outs of power influence. he was one of the most successful and corrupt lobbyists ever to operate among the washington elee i want to you watch this profile from our candy crowley. >> reporter: while scamming some of his clients, abramoff wined and dined washington's elite at his two restaurants. he got clients to foot the bill to take lawmakers and staff to far-flung golf meccas, most notably scotland's st. andrew's. abramoff leased four sky boxes in various sports arein thanks and doled out the seats. he hired or promised to hire former capitol hill staffers and the wives of lawmakers. >> jack abramoff pleaded guilty to corruption charges in 2006.

he spent three and a half years in prison for conspiracy and tax fraud and tax evasion. and despite lobbying reform, he says washington has not changed. so, mr. abramoff, first of all, thank you for joining us. what do you think? should protesters occupy k street instead of wall street? >> yeah. i think they are probably better -- better going down there where they can -- to washington, where they can affect the government policies perhaps that have caused a lot of the mess. >> uh-huh. do you feel -- i know this may sound like an odd question and maybe not, do you feel at all responsible for anything that's happened here today when it comes to the economy and when it comes to the deficit? because many people say that what's happening, look at the stock market, its it's -- muches of the's because of mismanagement and odd hand in that do you feel responsible for any of it? >> well, i wasn't as active in those issues. i think i was part of a system that is very much responsible for what's happened in this country. and i think it's got to be changed. it's got to be reformed in an extreme way to make it more like

what the country should have. >> mm-hmm. you held a dim view of lobbyists before you became one w and in your book, it's called "capital punishment, the hard truth," there it is right there you talk about corruption, you talk about how systematic it was. you write, "they were the guys in the $2,000 suits who sucked the lifeblood out of our nation. why would i ever become one of those guys?" so why did you? i read your book. you started off as very religious yourself. your family wasn't and you turned to the die route is jewish in your faith. and now, all of a sudden, to this. >> well, i started -- i didn't set out to wind up in prison and wind up sort of poster boy of all corruption in washington. i set out, even before i became a lobbyist politically to do things that i philosophically agreed with when i joined the

lobbying world, i joined it originally to represent companies, to get the government off their back and it was more consistent with my premarket philosophies. unfortunately, eventually, i was deeply within the lobbying world and got mixed up into the very corruption that unfortunately still pervades that world today. >> when you look back on your experiences in washington and i've heard you interview, as you say, you didn't set out to do that, but when your comp pass is off, you end up, you know, maybe off one degree when you start, right? and then by the time you end to get to where you think you're going to go, it's off many more degrees. were you talking about your time in washington or were you talking about your time when you set out to become this sort of conservative, when grover norquist influenced you? which time are you talking about your compass was off? >> i think the lobbying world. my cal activism included a stint

as president reagan's head of lobbying on capitol hill. it was not business-related, but all philosophical and issue driven. before that head of the college republicans where grover and i met in those days. when i talk about my compass being off one degree and wind up at the end of the voyage a different continent it is the lobbying world where ultimately, unfortunately, for whatever reason, i got off my path, accident see the line notice sand that i should have and i wound up doing things i shouldn't have done. >> does the public good factor into your equation to come out and talk about that now? why are you doing this? >> it is mainly to try to make some recompense for the fact i participated in a system that is very bad for the country, the special interest system that the powerful get things others don't get, the frustration for people that occupy wall street, the tea party. all over the country, people can't stand what's happening in washington and they are right. what i try to do in my book is show them exactly why they are

frustrated. frankly, i probably make them more frustrated when they read exactly what does happen down there >> do you ever work to fix the? can you do that you think? >> all i can do at this point, i can't lobby or get involved politically, i don't think it would be useful, but what i can do is i can educate people what is really happening, number one, and number two since i was in that business and i was at times at the top of that profession, i know what really rankles them and what kind of reform would really matter. and so during my time in prison, i spent the time to create a series of reforms that are draconian and very difficult that, frankly, if implement, i think would get rid of a lot of the corruption. >> you say the system is so corrupt, happens on all sides, all administration. jack abramoff, the book is called "capitol punish." . thank you. >> thank you for having xbleechlt as markets get more unpredictable what can you do to protect your family and wallet? apropos we have christine romans standing by on a day like today to tell us which jobs are safest in america, talk to us about wall street and the dow and the

market and all of that have you seen these incredible pictures of ripe know rescues -- rhino rn africa? helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ [ cheers and applause ] [ playing out of tune ]

[ playing in tune ] [ male announcer ] at mcdonald's®, we support the community by giving to programs that bring out the best in our youth... ...because we believe when you feed the competitive spirit... ...it enriches the entire neighborhood. the simple joy of being deeply rooted. ♪ [ zapping ] there goes dwayne's car. oh, man. there goes dwayne's house. whoa! whoa! and there goes dwayne. man, that thing does not like dwayne. [ male announcer ] state farm's got you covered. nice landing. it was. [ male announcer ] get to a better state.

a trailblazer in her field, she is succeeding as a female african-american tech in today's black in america. >> reporter: jackie bow champ is the founder, ceo and chairwoman of the digital media company, energize entertainment. >> a entrepreneur starting up a video game company and being a woman and african-american, she was trail blazing many paths and doing so from right here in baton rouge, louisiana. >> reporter: born and raise there had, she climbed the corporate ladder. >> there is not a lot of

diversity, to the just in the executive ranks, in the industry. and, you know there were times as an african-american female, i was truly the only african-american female in -- in -- in the room. >> reporter: then left that loneliness to follow her heart. >> i'm an electrical engineer, a law degree, technology has been at the heart and soul of who i am but animation and multimedia is my passion. as a kidding, growing up, watching fat albert and the cosby kids, i'm seeing something that you know, mr. cosby created and said, one day, i want to own a company that knows how to do that. >> now she does. >> biggest success so far has been the -- the release and launch and shipment of our first c console video game, which is the black college football video game experience.

what we constantly kept hearing and seeing in the industry, were you know, not enough content that reflects the urban character and those that were there, they were not portrayed in a very positive -- in a positive light. so our -- our intent was to provide some different type of content into the market segment. >> up next, a documentary and then -- >> a dance-based, music-based video game on xbox 360, utilizing kinect, play station three, as well as wii. it is not just for the african-american consumer to only enjoy and experience. >> jackie bow shafrn concede it is is an uphill bat and embraces it. >> i'm an african-american female and every day, i know that i've got to get people to see me, to see me, and not that i'm an african-american female. >> for in america, soledad o'brien, cnn, reporting.

with greece's prime minister ready to step down and lit's prime minister about to do the same, the global economy is being shake tonight core. why don't you take a live look now at the dow, right now, down 384 points, 385 a points. christine romans is joining us from our new york studios. what is going on with this today, christine? >> kind of dangerous moment, really, for europe, the your rocker the your are row zone and of course, if there is a big problem there, it is the biggest destination for american export, so you really can't have a growing u.s. economy with a crisis, a protracted recessional crisis in europe. that's why it's so important us

to. what is specifically happening today is the political upheaval initily, you have real concern that'sity tallian government can't get its act together to pay bills on time, too much dealt and the economy isn't growing strongly enough that combination means you have got a country going backwards. and th strongly enough that combination means you have got a country going backwards. the third largest economy in the world, third largest bond market in europe. it is ex-popesed to debt in italy. incredibly important it get its act together. but not like breast. italy has a pretty diverse manufacturing, agriculture, technology, fashion base, lots of different companies there italy could get its act together with nurturing from the government. people thinking that the european banks and leaders waiting for a new government in

italy before they reach in and lend a hand with some sort of intervention to turn this thing around. >> i know you are extremely concerned about this and you said you don't want to give depressing news all the time. but tell our viewers what you said to me. you said -- a lost generation, a lost era? >> well, you know, i think that in this country, and in the uk and in a lot of -- in europe really, too we have crisis fatigue. we are tired of everything that's happened since 2008 and we are kind of getting numb to all of this but we are at a moment now, christine lagarde, the woman who is running the imf, the international monetary fund, she gave a speech this morning where she said if we don't get this right, we run the risk of having a lost decade for the global economy. and lost decade, when you talk about economic and economics and markets and global growth terms, is real -- it is just horrible. it happened to japan, when you've seen too much debt and not enough growth and you just can't get out of t she also talked about sort of this negative feedback loop, of

confidence is lacking in some places, you can't fix the problem with the debt because the political processment is working correctly. it is all tied in together. i want to ask you because your book called requests how to speak money," you co-all the it with alley vel ship. the economy could be bad but as long as you have a job, you feel you are okay, there is some hope, maybe you can hang on but it is all intertwined. there is an official list of -- 9 % of americans are listed as unemployed and underemployed, their checks are running out. what is the highest paying jobs that will sort of -- can stem off this sort of sad feeling thatted if you you are looking for work? >> you always hear us talking about stem, when you learn how to speak money, you learn that stem is science, technology, engineering and math and where the economy is growing, the global knowledge-based economy. eight of the top ten paying jobs in this country are some sort of engineering. so think of that i mean,

science, a lot of these jobs are in health care. they are in research. there's jobs in statistics. there are jobs in analyzing information and data and learning how to apply that, math mat cal principles to different parts of the economy. you don't have to be a genius, these things in particular. but what you're good at, find that part of the economy to put it into. that means you have to have an education system. how many times have we talked about this? american public schools have to do a better job of turning out kids that can learnt basics, then not take on too much dealt when you go to college to study these fields or if you are not studying these fields. for example, a liberal english major, the highest paid english majors are technical writers, they have taken the liberal arts and moved it. a friend of mine at nyu says medical cord, this is going to be a huge growing field that is a health care arena, another place to look at. >> the best way to stave off unemployment is a college degrees, you talked about education, people to who have a college degree have, a you know, less of a chance of becoming

unemployed. >> about half. >> the book is called "how to speak money." it is written by christine romans and alley vel chi she. thank you, christine we appreciate it. >> nice to sue, don. >> the market is down 373 points now. we will continue to monitor that for you. an epic storm is blasting alaska right now. we will take you inside the storm with a boat captain who just survived it. that's next. let me tell you about a very important phone call i made. when i got my medicare card, i realized i needed an aarp... medicare supplement insurance card, too. medicare is one of the great things about turning 65,

but it doesn't cover everything. in fact, it only pays up to 80% of your part b expenses. if you're already on or eligible for medicare, call now to find out how an aarp... medicare supplement insurance plan, insured by unitedhealthcare insurance company, helps cover some of the medical expenses... not paid by medicare part b. that can save you from paying up to thousands of dollars... out of your own pocket. these are the only medicare supplement insurance plans... exclusively endorsed by aarp. when you call now, you'll get this free information kit... with all you need to enroll. put their trust in aarp medicare supplement insurance. plus you'll get this free guide to understanding medicare. the prices are competitive. i can keep my own doctor. and i don't need a referral to see a specialist. call now to get a free information kit. plus you'll get this free guide to understanding medicare. and the advantages don't end there. choose from a range of medicare supplement plans... that are all competitively priced.

we have a plan for almost everyone, so you can find one that fits your needs and budget. with all medicare supplement plans, there are virtually no claim forms to fill out. plus you can keep your own doctor and hospital that accepts medicare. and best of all, these plans are... the only medicare supplement plans endorsed by aarp. when they told me these plans were endorsed by aarp... i had only one thing to say... sign me up. call the number on your screen now... and find out about an aarp medicare supplement insurance plan. you'll get this free information kit... and guide to understanding medicare, to help you choose the plan that's right for you. as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now.

a busy news day, just into cnn. a university in north carolina is locked down now, talking about campbell university, on the boys creek campus. authorities in a standoff, we are told with a student. the student is in a home owned by the university. deputies were trying to serve papers to an unidentified student when he barricaded himself inside a private home located on campus in and the university is asking all students, all faculty and staff to stay in class or in residence halls until the situation is resolved. we are going to keep a close eye on that. also something we are watching as well is an epic storm blasting alaska right now. i want to bring in our very own chad meyer, meteorologist here, along with the fisherman, his name is bill mccarthy, a captain and he is in the middle of the bering sea and he just went through the storm. he is 60 miles south of st. georgia, 140 miles north of dutch harbor. thank you, captain, so much, for joining us. chad myers is going to speak to you as well. this is don lemon here. tell us about that storm, what

you are dealing with. >> hi, done. we are doing a lot better today than yesterday. it came through pretty fast. winds started picking up yesterday morning about 10:00 and, oh, by noon, it was blowing 50 or better, 55 or so and seas were 20 to 30 feet. so by 1:00, we picked up our nets and jogged into it all we could do by 10:00 last night, it was probably -- it has passed through us and the worst of it was so far we could get back to work, but it's -- yeah, it was a pretty good one. it is to be expected this time of year though. occasionally we get that kind of weather. >> captain, stand by, chad myers is here. >> -- storm would be such a low pressure. >> our meteorologist here is go going ask you some question bus he will show us where you are. go ahead, chad. >> sure, don, hey, cap. we have dutch harbor on the map, st. george on the map and your boat in between.

i'm also going to show you that your low here hurricane the viewers here, the low is probably good 600 miles away from you, the center of it the worst of t now, were there other vessels north of st. george that had to go through worse weather than you? >> there could have been. there was three or four other boats fishing this area here. i'm not sure. >> what are you fish? >> boats north or not. >> what are you fishing? >> i'm sorry, what was that? >> captain what are you fishing? what is your vessel like? what are you fishing? >> we are fishing for pacific ocean perch right now, it is a rockfish and we are 132-foot vector trawler. >> so you picked up your nets. did you just heave to, just kind of pointed the bough into it and just went 5 knots and hoped for the best? what's -- how do you do that? how do you fix the boat when you have waves of 30 feet? >> we just put the bow into it

and go 1 knot. >> 1. >> a safe direction and wait for it to be over with. >> so captain what are you doing right now you guys are hunkered down? do you have electricity? what's going on? >> oh, no we're fishing. we started fishing again last night once the barometer started climbing and the wind changed direction and the wind came down about 45 or so and kept drop willing out and it started laying down t is nice right now in this spot. >> captain, did you hear -- >> 45 out, 80-foot seas. >> i do a lot of bolting on the grate great lakes and, you know to hear a may day from one captain to another is something that shakes you to the core. did you have go through that yesterday? >> no. >> no? that's good. >> no that is an experience. >> certainly s >> this was big enough, don, a big storm f this captain this bolt or any boat, literally, 500 miles farther north, they may not have made it the breakup up there waves 40 to 60 feet in the

open ocean are tough to -- tough to -- this guy -- i tell you what the men and women, at least the men on this boerkt need rough night last night for sure. >> absolutely. chad myers, thank you very much. captain bill mccarthy, we appreciate it. stay safe. all right, let's move on now we showed you these pictures last week of an amazing transfer to save endangered black rhinos, now we have brand new video of that rescue. that's in two minutes. make sure you stay with us. women men and uh pandas... elbows mmm [ male announcer ] wanchai ferry, try it yourself. [ male announcer ] tom's discovesee? that living he's taking his vitamins. new one a day vitacraves plus omega-3 dha is a complete multivitamin for adults. plus an excellent source of omega-3 dha in a great tasting gummy. one a day, gummies for grown-ups. ♪ you want to save money on car insurance? no problem. you want to save money on rv insurance?

no problem. you want to save money on motorcycle insurance? no problem. you want to find a place to park all these things? fuggedaboud it. this is new york. hey little guy, wake up! aw, come off it mate! geico. saving people money on more than just car insurance.

we have got some incredible new video to show you of a rhino relocation project in south africa. last month, 19 endangered black ripe flows air lifted to a new conservation site by the world wildlife fund as part of an

effort to protect them from poeching and increase their population. the two-ton rhinos were set dated from the air, blindfolded and then hoisted by their ankles to a military helicopter. why move them by helicopter? >> this is the kindest way we have discovered of moving a rhino from the field to a vehicle. >> ease of operation a lot of animals to move in a really short time. there are no roads there is no access whatsoever. most of the parks are wilderness area. >> best video i have ever seen. have you ever seen anything like this? after the ten-minute chopper ride, doctors woke the rhinos and despite the upside down flight, we are told the animals didn't feel a thing. pretty amazing, i have to say. children are being exposed to dangerous viruses through lollipops being sold over th